Mining News

Cobalt price to continue rising over next three years – Fitch Solutions

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The global cobalt industry is set to receive a significant boost and upward price trajectory in the next two to three years owing to a worldwide shift to a green economy, reports financial risk management, solutions and insights company Fitch Solutions Country Risk and Industry Research (Fitch Solutions).

The metal is a key component for rechargeable batteries and is valued for its stability, hardness, anti-corrosion and high-temperature resistance characteristics.

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